HKX brings more than 30 years of hydraulic, controls integration and application-engineering expertise, establishing MPS' third operating division.
Multi Parts Solutions ("MPS") has acquired HKX, Inc., a Monroe, Washington-based manufacturer of auxiliary hydraulic kits and control-system solutions for excavators and other heavy equipment. The acquisition moves MPS into the construction equipment market and establishes HKX as its third operating division, alongside ACC Heavy Duty and MPS Automotive.
For dealers, equipment owners and OEMs, the day-to-day experience with HKX will not change. What changes is what HKX can now draw on: broader engineering resources, a deeper bench for new product development and the support to keep both new and aging equipment productive for years to come.
"HKX is an engineered-solutions business, which is exactly what Multi Parts Solutions is across every market we serve. Our focus is straightforward: invest in HKX so the team can develop more products, support more customers and scale what already makes the business great."— Brian Cohn, CEO, Multi Parts Solutions